PLEASE OPEN IMAGE AND ANSWER ALL REQUIREMENTS

Requirement $1.$ Calculate the price per hour that New York Temps should charge based on Mason's proposal.

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$=$ Price per hour

Requirement $2.$ On the basis of the additional information, calculate the price per hour that New York Temps should charge to maximize operating income.

First select the formula that will be used to determine the optimal price per hour, then calculate the total contribution at each price per hour.

The price per hour that should be charged is

Requirement $3.$ Comment on your answers to requirements $1$ and $2.$ Why are they the same or different?

The two different approaches lead to

$|$ prices in requirements $1$ and $2.$ Pricing decisions

$|$ prices in requirements $1$ and $2.$ Pricing decisions

The approach in requirement $1$ is

The approach in requirement $2$ is

The approach in requirement $2$ is

Requirements

Calculate the price per hour that New York Temps should charge based

on Mason's proposal.

The marketing manager supplies the following information on demand levels at

different prices:

New York Temps can meet any of these demand levels. Fixed costs will remain

unchanged for all the demand levels. On the basis of this additional information,

calculate the price per hour that New York Temps should charge to maximize

operating income.

Comment on your answers to requirements $1$ and $2.$ Why are they the same

or different?